In Friday’s Wall Street session, Stanley Black & Decker Inc (NYSE:SWK) shares traded at $65.43, down -1.65% from the previous session.
SWK stock price is now -1.18% away from the 50-day moving average and -23.53% away from the 200-day moving average. The market capitalization of the company currently stands at $10.12B.
With the price target maintained at $90, Barclays recently Upgraded its rating from Equal Weight to Overweight for Stanley Black & Decker Inc (NYSE: SWK). On February 19, 2025, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $103, while ‘Mizuho’ rates the stock as ‘Outperform’
In other news, Link Janet, SVP, General Counsel & Sec’y sold 1,990 shares of the company’s stock on Feb 07 ’25. The stock was sold for $169,630 at an average price of $85.24. Upon completion of the transaction, the SVP, General Counsel & Sec’y now directly owns 9,862 shares in the company, valued at $0.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 07 ’25, Officer Link Janet bought 1,990 shares of the business’s stock. A total of $169,630 was incurred on buying the stock at an average price of $85.24. A total of 0.34% of the company’s stock is owned by insiders.
During the past 12 months, Stanley Black & Decker Inc has had a low of $53.91 and a high of $110.88. As of last week, the company has a debt-to-equity ratio of 0.76, a current ratio of 1.10, and a quick ratio of 0.36.
The net profit margin was 2.34% and return on equity was 4.03% for SWK. The company reported revenue of $3.74 billion for the quarter, compared to $3.87 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.23 percent.
